No New Swing Shorts For Wednesday As The Market Is Still Not In A Confirmed Bear Market

February 27, 2007

3 out of 4 stocks follow the trend of the market. The trend is starting to change but before it does, IF IT DOES, it is going to get very choppy in the short term. With only two distribution days on the markets, there still needs to be a couple more distribution days before we are for sure this market is done. Nobody says a snap back rally can’t occur here. The best time to short most stocks, according to history, is a couple of months or more AFTER their top. There is still plenty of time to go short, if this is the start of a real bear market. I would not short here and since I know that emotions are high I am not even going to post short candidates as I do not recommend going short yet. If I change my mind, they will be listed below.

Comments

RSS feed | Trackback URI

Comments »

No comments yet.

Name (required)
E-mail (required - never shown publicly)
URI
Subscribe to comments via email
Your Comment (smaller size | larger size)
You may use <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong> in your comment.



Categories



    Past Big Winners Longs
    Listed By Year



Members Forums



Popular Tags


StraightStocks Authorized Contributor Best Way to Invest ExpertSeeking Alpha Certified FeedTheBull - Top Stock market and Finance SitesTIMlinks
Disclaimer: Big Wave Trading and all services provided herein are for educational purposes only. Nothing contained within this Web site should be interpreted as a recommendation to purchase, sell or hold a security. All visitors and subscribers should always do further research before making a final investment decision. All subscribers must read and agree to the terms and conditions within Big Wave Trading.com. Any questions or comments may be directed to admin (at) bigwavetrading.com.